Damn He's Broke! Two of His Homes in New Orleans Are Going Up On Auction

TMZ -- According to public records, Cage failed to pay the mortgage debts on two multi-million dollar properties -- and the bank eventually foreclosed.

The two homes were each estimated to be worth more than $3 million -- but as we all know, Nic is dead broke and couldn't pay his bills.

One of the homes, the LaLaurie mansion, is rumored to be haunted -- it'll definitely haunt Cage.

Source: http://www.tmz.com/2009/11/12/nic-cage-home-